NEW YORK ( TheStreet) -- The eight-month-old Claymore/NYSE Arca Airline ETF (FAA) was the best-performing exchange traded fund in the third quarter as airline companies loaded up planes with passengers over the summer.The Claymore/NYSE Arca Airline ETF returned 51%, beating the No. 2 Market Vectors Brazil Small-Cap ETF (BRF) by 6 percentage points. (Leveraged funds were excluded from our review. The top leveraged fund was Direxion Daily Financial Bull 3X Shares (FAS), which rocketed 78%.
Airline, Brazil ETFs Post Biggest Gains
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